Coffee and a Case Note

ACN 607 358 887 Pty Limited (Carzapp) [2019] NSWSC 1561


Listen Later

“The company acted unfairly! But I don’t know what I want the Court to do about it…”  

A board dispute arose. The issues raised were complex.  

They revolved around an app to be used by car dealers, and the sale of the IP in that app.   

The app was developed by a company with three directors, each of whom were also shareholders.  

One director was “virtually impossible to work with”: [232] The other two secured a sale of the company’s IP in the app for $2M as compared to a book value of $300K: [128]  

The “virtually impossible” director sued claiming the conduct of the other two was oppressive.  

A big problem was: the plaintiff was unclear about he wanted.   

He didn’t dispute the share sale: [236] He agreed the company ought to be wound up: [194] - [196]  

The Court was satisfied that the conduct was not commercially unfair or, if it was, it would decline to exercise its discretion to order a remedy: [240]  

The difficult director, having caused the breakdown of the relationships, was found to be the author of his own misfortune: [235]

...more
View all episodesView all episodes
Download on the App Store

Coffee and a Case NoteBy James d'Apice

  • 5
  • 5
  • 5
  • 5
  • 5

5

2 ratings


More shows like Coffee and a Case Note

View all
Law Report by ABC

Law Report

25 Listeners

Hamish & Andy by LiSTNR

Hamish & Andy

1,119 Listeners

Conversations by ABC

Conversations

856 Listeners

All In The Mind by ABC

All In The Mind

796 Listeners

The Economy, Stupid by ABC

The Economy, Stupid

26 Listeners

Politics Now by ABC News

Politics Now

87 Listeners

If You're Listening by ABC

If You're Listening

323 Listeners

Unravel by ABC

Unravel

815 Listeners

Full Story by The Guardian

Full Story

170 Listeners

What's That Rash? by ABC

What's That Rash?

253 Listeners

The Front by The Australian

The Front

49 Listeners

How Do They Afford That? by Michael Thompson and Canna Campbell

How Do They Afford That?

7 Listeners

15 Minutes with the Boss by The Australian Financial Review

15 Minutes with the Boss

11 Listeners

The Fin by Australian Financial Review

The Fin

19 Listeners

The Case Of by ABC

The Case Of

273 Listeners